42 SBA loans worth $24.5M went to businesses in Parsippany, NJ between October 2021 and June 2026, from 23 lenders. TD Bank made the most, 6 loans. The median loan was $350,000, compared with $150,000 across New Jersey, and professional and technical services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 6 | $425K | $62,500 | 33% |
| 2 | Provident Bank Bank · Jersey City, NJ | 4 | $3.2M | $475,000 | 0% |
| 3 | Newtek Bank Bank · Miami, FL | 4 | $1.4M | $362,500 | 100% |
| 4 | Wilmington Savings Fund Society FSB Bank · Wilmington, DE | 3 | $2.4M | $676,000 | 67% |
| 5 | Manufacturers and Traders Trust Bank · Buffalo, NY | 3 | $195K | $70,000 | 67% |
| 6 | Empire State Certified Development Certified development company · Latham, NY | 2 | $5.5M | $2,762,000 | 0% |
| 7 | Live Oak Banking Bank · Wilmington, NC | 2 | $3.3M | $1,650,000 | 50% |
| 8 | Customers Bank Bank · Malvern, PA | 2 | $978K | $488,800 | 100% |
| 9 | Northeast Bank Bank · Portland, ME | 2 | $600K | $300,000 | 0% |
| 10 | Beacon Bank and Trust Bank · Boston, MA | 1 | $1.7M | $1,684,000 | 100% |
| 11 | Wells Fargo Bank Bank · Sioux Falls, SD | 1 | $698K | $698,500 | 100% |
| 12 | Hanover Community Bank Bank · Garden City Park, NY | 1 | $686K | $686,000 | 100% |
| 13 | United Community Bank Bank · Greenville, SC | 1 | $634K | $634,000 | 100% |
| 14 | Bank of America Bank · Charlotte, NC | 1 | $500K | $500,000 | 0% |
| 15 | Alma Bank Bank · Astoria, NY | 1 | $500K | $500,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Professional and technical services | 12 | $300,000 | Northeast Bank | |
| Manufacturing | 6 | $550,000 | Provident Bank | |
| Restaurants and hotels | 5 | $634,000 | Peapack Private Bank and Trust | |
| Health care and social assistance | 5 | $250,000 | Customers Bank | |
| Arts, entertainment and recreation | 4 | $362,500 | Newtek Bank | |
| Administrative and support services | 3 | $400,000 | Wilmington Savings Fund Society FSB | |
| Construction | 2 | $150,000 | United Midwest Savings Bank | |
| Other services (repair, personal care) | 2 | $2,234,000 | Celtic Bank |